Russian President Vladimir Putin has asserted that the economic isolation Russia faces due to international sanctions is even helping the country to transform into a "growth center" in a "new global economy."
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Argentina Devalues Its Currency by 50% as Part of Shock Economic Measures
Argentina has announced a sharp devaluation of its currency, the Argentine peso, which will be devalued by 50%.
IMF Approves $900 Million for Ukraine as Volodymyr Zelenskyy Makes Plea for US Aid Ahead of Joe Biden Meeting
The International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine. Amid the economic challenges intensified by its conflict with Russia, the International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine as part of an ongoing long-term loan.
India Dethrones Hong Kong as the World’s 7th Largest Stock Market
India has taken the spot of Hong Kong as the world's seventh-largest stock market. India has taken the spot of Hong Kong as the world's seventh-largest stock market, marking a significant shift in global financial standings.
US, China Risk a 'New Cold War' as Economic and Trade Conflicts Escalate, IMF Official Warns
The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.
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Saudi Arabia has unveiled a 30-year tax exemption package for foreign companies that want to establish their regional headquarters in the kingdom.
After announcing the renewal of exclusive contracts with all four members of Blackpink, YG Entertainment experienced a significant surge in its stock value.
Authorities in Israel are currently investigating unusual trading activities that occurred just days before the October 7 Hamas attack.
Federal Reserve Chairman Jerome Powell has dismissed market speculations for aggressive interest rate cuts ahead.
The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).
Denmark is poised to withdraw its largest denomination, the 1,000 crown banknote, from circulation. Denmark, a nation where cash transactions have become increasingly rare, is poised to withdraw its largest denomination, the 1,000 crown banknote, from circulation by May 2025.
Germany is reportedly grappling with an economic slowdown that is now impacting its labor market. Germany, Europe's largest economy, is reportedly grappling with an economic slowdown that is now impacting its labor market.
Military spending within the European Union (EU) reached a historic high of €240 billion ($261.8 billion) in 2022, marking a 6% increase from the previous year.
Amid signs of an economic slowdown, ING Economics predicts that the US Federal Reserve will cut interest rates six times in 2024.
